Land in control

 

 

As of 30 June 2010, Alpcot Agro controlled approximately 190,000 hectares of arable land in Russia and owned, directly or indirectly through so called pais, approximately 107,500 hectares of agricultural land. See definitions at the bottom of the page. Distribution of land by region and by land in control and land in ownership respectively is shown in the table below.

Region
Land in control (ha)Land in ownership (ha)
Kaliningrad15,0008,000
Kurgan13,50013,500
Kursk47,00030,500
Lipetsk
20,00014,000
Tambov15,0008,000
Volgograd18,0003,000
Voronezh61,50030,500
Russia total190,000107,500

Status per 30 June 2010

 


Land in control is registered land and land where a subsidiary of the company, either itself or in the name of agents, has registered a lease agreement or is in the process of registering a lease agreement with local authorities.

Land in ownership is registered land and the indirect ownership of land within the Russian Pai system. The Pais can be registered either in the company’s subsidiary’s name or in the name of an agent acquiring Pais on behalf of the company’s subsidiary within the framework of legally binding contracts, or is in the process of entry into the land register with local authorities.